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    1605 Midland Trl Shelbyville, KY 40065

    Sponsored
    For Lease
    $10 SF/Yr ($12,279 /Mo)

    14,735 SF Freestanding Building, High Visibility

    Lot size:
    14,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,735-square-foot freestanding retail building in Shelbyville, KY, is available for sublease. Built in 2006, the single-story structure sits on a 1.35-acre lot (APN: S2-06-013) and boasts a prime location at the signalized intersection of Midland Trail and Mack Walters Road, with additional access from Peachtree Street. The property offers significant visibility with over 300 feet of frontage along Midland Trail and includes an exclusive pylon sign for enhanced branding. Ample parking is provided with 55 spaces, complemented by a convenient pick-up window. The building is zoned C - Commercial and is ideally situated in the heart of Shelbyville's retail corridor, near major anchors such as Walmart Supercenter, Lowe's, Kroger Marketplace, and Rural King. This location offers easy access for customers and excellent exposure to high traffic volumes. The Shelbyville trade area is conveniently located east of Louisville, providing access to a substantial customer base. The property's single-tenant occupancy offers flexibility and control for the new lessee. This turnkey opportunity presents a rare chance to establish a strong retail presence in a thriving Kentucky market.

    Property Features for 1605 Midland Trl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,735 SF
    Total Rate
    12279.17

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite: 1
    Size
    14,735 SF
    Rate per SF
    $10

    HighLights

    • 14,735 SF freestanding retail building available for sublease.
    • $10/SF annual lease rate ($12,279 monthly).
    • Gross lease.
    • Available May 10, 2022.
    Property Profile Location Intelligence

    Current Use by Public Records

    higi Health Consultant CDReload - Online Bitcoin ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Shelby
    State
    Kentucky
    Longitude
    -85.239469
    Latitude
    38.213142

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - 14,735 SF Freestanding Building, High Visibility
    Where is this retail property located?
    The property is located at 1605 Midland Trl Shelbyville, KY.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 14,735 SF freestanding retail building available for sublease.; $10/SF annual lease rate ($12,279 monthly).; Gross lease.
    Request Owner's contact information
    1605 Midland Trl Shelbyville, KY 40065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 Midland Trl Shelbyville, KY 40065
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